Vietnam - US reciprocal trade negotiations achieve positive results

According to the Ministry of Industry and Trade , the second round of negotiations on the Bilateral Agreement on Reciprocal Trade between Vietnam and the US was held from May 19-22 in Washington, DC - USA.

During the three days of negotiations, with great determination and effort, the Vietnamese and US negotiating delegations discussed all the contents raised before the negotiation session in the spirit of goodwill, frankness, respect for institutions, harmony and balance of interests as well as in accordance with international commitments and the development level of each country.

The two sides spent time providing each other with information on each side's current policies, clarifying the contents of the draft text of the Agreement, and discussing a comprehensive approach to addressing fundamental issues of mutual concern to accelerate the negotiation process. At the same time, members of the two sides' negotiating delegations had open and constructive exchanges on economic and trade issues of core interest to both countries.

The second round of negotiations on the Bilateral Agreement on Reciprocal Trade between Vietnam and the US achieved positive results.

At the end of the negotiation round, Vietnam and the US made positive progress, identifying groups of issues on which consensus or views were close, and groups of issues that needed further discussion to reach consensus in the coming time. In addition, the two sides also set time frames for feedback on the draft agreement, proposed text, and organized online meetings to prepare for the next negotiation session.

At the end of the third working day, Minister of Industry and Trade, Head of the Government Negotiation Delegation Nguyen Hong Dien had a negotiation session with Ambassador, Chief US Trade Representative Jamieson Greer to agree on the results achieved in the second round of negotiations and point out the contents that need to continue to be focused on in early June 2025.

Ambassador Jamieson Greer appreciated Vietnam's goodwill and efforts in handling issues of concern to the US and hoped that the two sides would continue to promote technical exchanges, including at the ministerial level, to achieve results as soon as possible.

Minister Nguyen Hong Dien welcomed the assessments of US Trade Representative Jamieson Greer and affirmed Vietnam's determination to build and promote economic and trade relations with the US in a balanced and sustainable manner for the benefit of the people and businesses of the two countries. The Minister agreed with the Ambassador to assign technical levels for both sides to continue to strengthen exchanges to soon reach an agreement that is consistent with the expectations and conditions of each side.

Minh Thu

Source: https://doanhnghiepvn.vn/kinh-te/chinh-sach/dam-phan-thuong-mai-doi-ung-viet-my-dat-ket-qua-tich-cuc/20250522022803119